Company filings and market news from across Sri Lanka's stock market.
Colombo Stock Exchange closed down, the ASPI dipped 0.09% to 22,899. Vallibel Finance listed 29,431,675 ordinary voting shares from its rights issue, raising 2,119,080,600 rupees.
Hatton National Bank PLC reported Q1 2026 PAT of Rs 9.95 Bn and total assets surpassed Rs 2.5 Tn. NII reached Rs 26.9 Bn as NIM expanded to 4.45%; deposits exceeded Rs 2.0 Tn, gross loans passed Rs 1.6 Tn, and capital/liquidity remained strong (Tier I 15.03%, LCR 194.44%).
Hatton National Bank PLC reported a Profit After Tax of Rs. 9.95 billion for 1Q 2026 and total assets surpassed Rs. 2.5 trillion. Net interest income was Rs. 26.9 billion with NIM up to 4.45%; deposits topped Rs. 2.0 trillion, gross loans Rs. 1.6 trillion, and net Stage 3 ratio was 1.18%.
HNB PLC signed an MoU with Hayleys Solar (Hayleys PLC) to offer customer financing for domestic and C&I solar installations, including flexible repayment periods of up to seven years and competitive interest rates to expand solar adoption.
Colombo Stock Exchange fell as the ASPI dropped 104.80 points (0.46%) to 22,910.52. Top negatives were Melstacorp, Sampath Bank and HNB; Ceylon Tobacco declared a Rs34 dividend and Kapruka said it will inject Rs41,510,541 into its subsidiary to buy shares to fund electric delivery vehicles and working capital.
HNB Life PLC reported Gross Written Premium of Rs.7.01 billion for the quarter ended 31 Mar 2026, up 54% y/y. Net written premium rose 54% to Rs.6.69bn, profit after tax was over Rs.210m, and total assets reached Rs.71.38bn.
HNB General Insurance recorded Gross Written Premiums of Rs. 11 billion in 2025 and is implementing a FY2026 growth plan focused on digital-enabled sales, standardized KPIs and expanded bancassurance integration with HNB to drive distribution-led expansion.
Colombo market rose 2.28% for the week as the ASPI crossed 23,000, closing at 23,063.98. Top positive contributors were CINS, HAYL, DOCK, DIAL and HNB; turnover was ~Rs.4.1bn and foreign investors were net buyers of Rs.26.2m.
Opposition MP Faiszer Musthapha urged urgent action on widening financial security risks after a $2.5m Treasury phishing scam and a Rs.13.2bn theft linked to National Development Bank. He called for stronger cybersecurity, accountability and stricter bank supervision to protect investor confidence.
HNB PLC signed an MoU on 12 February 2025 to provide exclusive home-financing solutions for buyers of the 447-unit 447 Luna Tower residential development by Union Place Apartments (Belluna Lanka). The completed Colombo 02 project is ready for immediate occupancy.
Colombo Stock Exchange closed up 1.13% as the ASPI rose 258.09 points to 22,997 with turnover of Rs 5.28 billion and materials leading turnover (Rs 1.38bn). SMB Finance announced CEO Supul Chamikara Wijesinghe will resign effective June 3.
ASPI rose 155.47 points (0.69%) to 22,739.77 while the S&P SL20 gained 31.89 points (0.51%) to 6,245.13. Gains were led by John Keells, HNB, Melstacorp and R I L Property; turnover was Rs.4.13bn with domestic investors 97.3% and a net foreign inflow of Rs.62.4m, led by high activity in Citrus Leisure and Janashakthi Insurance.
Hatton National Bank (HNB.N0000) signed an MoU with George Steuart Solution to offer solar financing for domestic installations from LKR 500,000–7,000,000 and bespoke commercial & industrial project funding, with repayment terms up to seven years and competitive interest rates.
HNB General Insurance was named 'Best General Bancassurance Provider' in Sri Lanka at the Global Banking and Finance Review Awards 2026 for the fourth consecutive year, highlighting its bancassurance partnership with Hatton National Bank (HNB).
Sri Lanka Insurance denied allegations about its participation in the 9 April 2026 Treasury Bond auction, saying it invested Rs.6 billion (Rs.2bn in the 1 Jul 2030 bond, Rs.3bn in the 15 Jun 2034 bond and Rs.1bn in the 1 Jul 2037 bond) with approvals in place and will pursue legal action over false claims.
HNB General Insurance was named Best General Bancassurance Provider in Sri Lanka at the Global Banking & Finance Review Awards 2026 for the fourth consecutive year. The award highlights its bancassurance strength and longstanding banking partnerships, including Hatton National Bank.
Colombo Stock Exchange rose with the ASPI up 0.47% and banks leading turnover at Rs.467 million. Nations Trust Bank completed the transfer of HSBC Sri Lanka's retail banking (effective May 1), Beruwala Resorts will close May 1–Aug 30 for refurbishment, and Sampath Bank appointed an independent director.
HNB and DIMO have formed a strategic partnership to offer tailored leasing solutions for heavy machinery (Komatsu, BOMAG, Kaeser, Everdigm, Gehl, Car Mix). HNB will provide special leasing rates, a waived first-year credit card fee and discounted machinery insurance through its group.
Sampath Bank PLC launched a fully integrated AI-driven lending ecosystem on its Vishwa platform, enabling instant, paper-light loan approvals and faster SME and leasing credit decisions. The system uses automated assessments and external credit insights to speed approvals and reduce documentation requirements.
The EPF's listed equity portfolio rose 27% to Rs. 188.85 billion at end-2025. The fund cut holdings from 65 to 59, fully exited six counters (Cargills Bank, Ceylon Hotels, Colombo Dockyard, Jetwing Symphony, LAUGFS Gas, Sierra Cables) and added Hemas (40m shares); gains were led by banks and diversified stocks.
Mastercard launched two payment solutions in Sri Lanka—Soundbox and Cloud Commerce—developed with Commercial Bank of Ceylon and Hatton National Bank to enable low-cost card and QR acceptance via a compact device and NFC-enabled smartphones. Soundbox gives instant audio confirmation and Cloud Commerce turns phones into secure payment terminals.
Mastercard launched Soundbox and Cloud Commerce in Sri Lanka, partnering with Commercial Bank of Ceylon and Hatton National Bank to offer low-cost POS hardware and phone-based NFC payment acceptance to small merchants.
Hatton National Bank (HNB) was ranked the best-performing bank in Category 1 by K Seeds Investments for the year ended 2025. The ranking used nine financial KPIs and comes as Sri Lanka's banking sector benefited from lower inflation, steadier rates and exchange-rate stability in 2025.
HNB Assurance PLC has rebranded to HNB Life PLC, unveiling a new corporate identity as part of a strategic transformation marking its 25th anniversary. Management highlighted strong recent performance, plans to build a digitally enabled, customer-centric insurer, and thanked parent Hatton National Bank PLC for support.
Fintech Forum and UnionPay are driving adoption of digital payments in Sri Lanka, supporting the regulator‑approved 2024 National Card initiative to expand card usage. UnionPay has expanded local issuance since 2019 with partners including Commercial Bank and highlights QR adoption and reduced cash costs (~1.5% of GDP) as goals.
Colombo Stock Exchange closed up as the ASPI rose 0.82% to 22,773.29 on Apr 17, 2026, led by gains in Central Finance (+5.83%), Hemas (+5.06%), Hayleys (+2.17%) and C T Holdings (+4.14%); NDB (-2.11%), HNB (-0.54%) and Commercial Bank (-0.47%) were top decliners.
Colombo Stock Exchange was up midday as the ASPI rose 0.65% to 22,735.61 and the S&P SL20 rose 0.51% to 6,262.75, with turnover at Rs 2bn. Top movers included Central Finance, Hayleys, Hemas and Browns Investments (up) while NDB, Melstacorp and HNB lagged; Commercial Bank listed scrip-dividend shares and Browns Beach Hotels will resume trading Apr 17–27.
Hatton National Bank listed 4,249,706 ordinary voting shares and 1,251,268 ordinary non-voting shares following a scrip dividend; voting shares were issued at 1:107.2941219933 and non-voting at 1:92.5882560730. Voting stock traded at Rs.415 (up Rs.1) and non-voting at Rs.350 (up Rs.1).